Checking, Paychecks, and Credit

Uses an electronic transfer from your checking account to pay for items right away

• Cash

• Check

• Debit Card

• Credit Card

A penalty from a bank when you do not have enough money in your account to cover purchases

• Oopsie!

• Overdraft

• Credit

• Check

The current amount of money in my account after all deposits and payments

• Total

• Overdraft

• Debit

• Balance

Double checking that your checkbook register matches your bank statement

• Reconcile

• Overdraft

• Interest

• Crossing your fingers

A document included in each pay period that explains paycheck earnings and deductions

• Checkbook

• Credit Card

• Bank Statement

• Pay Stub

The length of time for which an employee's wages are calculated (dates worked for pay)

• A week

• Pay Period

• Full time

• YTD

The total amount of money earned during a pay period BEFORE deductions

• Net pay

• Money pay

• Gross Pay

• Pay pay

The amount of money left AFTER all deductions have been taken from the gross pay in a pay period (take-home pay)

• Net Pay

• Disappointing

• Gross Pay

• Taxes

The amount of money subtracted from the gross pay (state/federal taxes, health, retirement, etc...)

• Net pay

• Gross pay

• Not nearly enough

• Deductions

Total of all the pay or deductions from Jan 1st to the last day of the current pay period

• Net Pay

• Gross Pay

• Year to Date (YTD)

• Pay Period